H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F. R. 233 STATEMENT FOR HIE PRESS Released for publication Board of Governors Friday morning, August 3; of the Federal Reserve System not earlier. August 2, 191+5 CONDITION OF THE FEDERAL RSbS?VE BANKS During the week ended August 1, member bank reserve balances increased $162,000,000. Additions to member'bank'reserves a'rose-from increases of $1+35 »000,000 in Reserve Bank .credit and $5l+,000,000 1 in Treasury currency and decreases of $19,000,000; in Treasury cash and $3,000,000 in nonmember deposits and other Federal Reserve accounts, offset in part bj a decrease of $60,000,000 in gold stock and increases'of $20l+,000.,000 in.. money .in circulation and $81+,000,000 in Treasury deposits with Federal Reserve Banks. Excess reserves of member banks on August 1 were estimated to be approximately $1,11+0,000,000, Holdings of loans, discounts and advances increased"'$170,000,000 and of United States Government securities $307,000,000, The increase in holdings of United States Government securities reflects increases of $21+9,000,000 in b ills, $1+6,000,000 in certificates and $12,000,000 in notes,; Changes in member bank reserve balances end related items during the week and the year ended AUgu'st 1, 191+5» were -as 'follows: Increase ’Or decrease since Aui,• 1, J"ul^ 25, Aug■ 2 , '191+5 191+5 191+1+ (in millions of dollars) U. S. Government securities ' 21-,377 •+307 +6,936 Loans, discounts' and advances 1+03 ' +1?0 + 356 Other Reserve Bank credit 281+ - 1+3 - 26 Total Reserve Bank credit 22,561+ +1+35 +7,315 Gold stock 20,152 60 - 814+ Treasury currency 1+,198 + 5l+ + 86 Member bank -reserve balances li+, <36l +162 +1 ,977 uoney in circulation 27,130 +20I+ +1+.396 Trearury c^sh 2,260 - 19 - 79 Treasury deposits with F. R. Banks 678 + 31+ + 1+17 Nonmember deposits and other F. R, accounts 1,936 - 3 - 153 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

283 Form F. R. c STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON AUGUST 1, 19^5 (In thousands of dollars) L I A B I L I T I E S Total Boston New York Phila. Cleve. Rich, Atlanta * Chicago St.Louis Minn. Kans.Cy. Dallas SanFran. Federal Reserve notes 23,340,654 1462,130 5,144,985 1541,364 2039,898 1566,696 1395,170 4269,206 984,755 512,168 872,902 593,435 2957,945 Deposits: Liember bajik-reserve acct. 14,360,576 662,6o4 4,799,321 732,980 1143,981 623,257 662,757 2182,191 546,374 333,601 723,898 690,522 1753,590 ü.S.Treasurer-general acct. 677 ■ 71,966 230,548 44,141 93,508 37,177 24,9ii 42,349 32,281 24,399 19,871 19,271 37,302 Foreign 1,103,996 72,479 1/441,058 90,993 39,959 43,429 36,191 134,422 31,020 23,782 31,020 31,020 78,623 Other 428,416 4,4-67 326,^10 4,274 8,678 5,735 5,743 6,513 13,533 2,664 3,569 1,971 44,309 Total deposits 17,070,712 811,516 5,797,837 872,388 1336,126 714,648 729,602 2365,475 623,708 384,446 773,353 742,784 1913,824 Deferred availability items! 1,485,20? 119,816 281,227 122,384 140,559 115,996 93,845 217,096 65,125 30,908 84,886 48,109 165,250 Other liabilities including accrued dividends 8,306 724 1,696 *611 882 460 376 1,214 373 415 447 303 805 TOTAL LIABILITIES 41,904,879 2394,186 11^225,745 2536,747 3517,465 2397,800 2213,993 6852,991 1673,961 927,937 l73o,593 1384,631 5037,83) Capital paid in 171,092 10,368 60,590 12,877 17,272 6,884 6,180 20,455 5,506 3,711 5,631 5,786 15,532 Surplus (Section 7) 228,153 15,239 84,903 19,872 19,071 7,813 7,936 33,201 7,048 4,ÿ5o 6,196 6,025 15,899 'Surplus (Section 13b) 27,165 2,880 7,143 4,468 1,007 3,290 762 1,429 527 1,073 1,137 1,307 2,142 Other capital accounts 114,520 6,936 24,767 8,169 12,794 7,341 6,323 16,707 5,713 4,529 5,533 4,802 10,906 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 42,445,809 2429,609 11,403,148 2582,133 3567,609 2423,128 2240,194 6924,783 1692,755 942,200 1755,090 1402,551 5032,609 Commitments to make industrial loans 5,169 225 — 3,447 20 300 — 376 — — — 193 608 F. R. notes outstanding 23¿954,411 1500,180 5,261,422 1588,961 2079,417 1596,479 1438,807 4327,398 1029,387 520,160 900,524 620,617 5090,559 Collateral for F. R* notes held by F. R. agents: Gold certificates 11,379,000 620,000 3,520,000 493,000 635,000 525,000 650,000 2445,000 300,000 173,000 280,000 16!+,000 1574,000 Eligible paper 314,945 12,765 242,114 14,150 ---------- 11,936 11,530 1,300' 13,150 — 8,000 U. S. Govt, securities 12,974,645 900 iOOO 1,800,000 1100,000 1450,000 1100,000 800,000 1900*000 839,045 350,goo 650,000 435,000 i6oo,oco LL1ÎURIÏY DIS;?J5UTI0î>; OP LOiJ'iS ¿.KD SiüCURIr±r XTTi_?t O^ Within l6 to 31 to 61 to 91 days to 6 months 1 to 2 2 to 5 Over Total 15 days 30 days 60 days 90 deys 6 months to 1 year years years 5 years Discounts and advances 399,200 - 369,800 5,925 6,494 16,975 ---- ---- — ---- Industriel loans 3,089 1,987 8 7 4 8OI 56 IO6 12C> ___< acceptances purchased 475 310 165 — — ---- ---- ---- --- U. S. Govt, securities 21,876,794 2988,077 2,022,125 5»192,215 4,7lÚ4¿4 1,666,450 3,767,711 273,800 507,6p¿• 74?-* 340l/ After deducting $659,702,000 participotions of other Federal Reserve -Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F, R. 283a Released for publication Friday morning, August 3, 1945» not earlier, STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) 1 Increase- or decrease since Aug, 1, July 25, Aug. 2, .1945 1945 1944 A S S E T S ' Gold cortificatos 17,320,610 • 46,005 -1«,103,010 Redemption fund for F. R. notes 659,955 - 13,>99 + 247,770 Total gold certificate reserves 17,980,565 - 60,004 - 855,240 Other cash 229,587 + 21,488 50,144 Discounts end advances 399,200 +169,777 + 363,011 Industrial loans 3,089 + l4i - 7,812 Acceptances purchased 475 25 475 U. S. Govt, securitiesj’ Bills 12,945,691 +248,715 +3,898,563 Certificates • 6,120,>511 + 46,500 +2,738,521 Notos 1,697,950 + 12,000 + 578,379 Bonds 1,112,642 — - 230,094 Total U, S. Government. securities ' 21,376,794 +307,215 +6,985,369 Total loans and securities 22,279,558 +477,103 +7,341,043 Duo from foreign banks .110 - 26 F. R. notes of other banks 91 ,i<46 - 6,042 + 6,812 Uncollected items .1,769,210 + 22,555 + , 77,589 Bank premises '1 33,965 50 • 652 Other ysostu 61,368 -• 2,546 - 1,718 TOTid. ASSETS 42,445,809 +452,509 +6,517,664 L I A B I L I T I E S Fedor-'. 1 Reserve notes 23,340,654 +146,682' ' +4,175,633 Deposits s Member bank-reserve account 14,800,576 +161,781 +l,97o,349 U. 5. Treasurer-.'kmorcd account 677,724 + 84,156 + 417,0^ Forei gu • 1,103,>96 - 24,573 327,321 Othc r 428,416 + 17,609 83,329 Total djpoejt-s 17,070,712 +238,973 +2,154,883 Deferred availability items : 1,485,207 + 64,944 + 103,455 * Other liabilities including accrued dividends 8,306 + 252 1,390 TOTAL LIABILITIES 41,904,879 +450,351 +6,435,361 C A P I T A L A C C O U N T S Capital paid in 171,092 + 60 + 11,840 Surplus (Section 7) 228,153 --- 40,056 Surplus (section 13b) 27,165 200 Other capital «.ccounts 114,520 + 1,593 + 30,207 TOTAL LIABILITIES AND d PITAL ACCOUNTS 42,445,809 +452,509 4-0/ ,,«;i7,664 Ratio of gold certificate reserves to deposit and P. R. note liabilities combined ‘ 44.5$ - f6% -10.8> Commitments to make industrial loans 5.169 -259 +1,249 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

283 Form F. R. b STATEMENT OF CONDITION OF TEE FSDSRAL RESERVE BAiiES OK .JJGUoT 1, 1945 (In thousands of dollars) A S S E T S Total Boston Kow York Phi 1 a. Cl eve. Rich, stianta Chicago St.Louis Minn* Kans.Cy* Dallas SanFran. Gold certificates 17,320,610 749,074 5,408,325 819,555 1103,026 7544+91 924,450 3358,999 516,249 292,229 534,782 429,4-04 ¿430,026 Redemption fund for F. R. notes 659,^55 45,¿57 94,983 55,545 72,512 55,861 40,253 96,129 38,551 17,795 31,744 24,675 86,248 Total gold certificate reserves 17,980,565 794,751 5,503 ,510 875,100 1175,533 810,352 964,705 5455,123 554,300 310,024 566,526 454,079 2516,274 Other cash 229,587 17,197 62,160 16,714 20,978 11,894-- 16,851 24,511 9,555 4,408 12,434 8,821 24,066 Discounts and advances 599,200 12,765 242,114 14,150 350 11,936 3,900 74,150 11,530 1,300 13,150 875 8,000 Industrial loans 5,089 126 ---- 2,215 ---- 33 — 500 — ---- 15 ---- 350 Acceptances purchased — — ---- ---- — — ---- ---- — — — 475 475 1). S. Govt, securities; Bills 12,945,691 338,689 2,96s,573 882,361 1326,495 881,786 651,112 1900,585 582,309 342,717 • 638,846 434,805 1447,110 Certificates 6,120,511 430,13k 1,520 ,150 462,983 584,304 334,555 527,554 796,053 309,154 162,971 282,702 263,294 596,912 Notes 1,697,950 119,327 421 ,720 128,440 162,096 106,077 90,310 2^0,835 35,707 45,211 78,427 73 ,o44 165,596 Bonds 1,112,642 78,193 2 76,>47 84,165 106,219 09,904 59,5 144,710 56,202 29,026 51,392 47,805 108,513 lotal U. S. Government securities 21,876,794 1466,343 5,186,795. 1557,949 2179,114 1442,902 1128,762 3061,966 1035,932 530,525 1051,367 869,008 2318,151 Total loans and securities 22.279 .558' 1479.2^4 5,429,384 1574,514 2179,444 1454,921 1137,662 3156,416 1045,462 581,825 1064,552 869,383 2326,431 Due from foreign banks 110 . 7 i/40 10 10 5 4 14 5 3 3 5 8 F. R. notes of other banks 91’sW+ó 4,487 15,925 5,945 3,542 9,375 8,091 9,994 4,348 3,075 4,050 5,421 19,219 Uncollected items 1*76? ,210 128,254 570,685 102,276 178,586 129,475 107,545 286,425 73,175 40,088 101,844 62,651 183,432 B -'L c i n k premises 'J ^ >965 1,577 8,766 3.,375 4,036 2,808 1,586 5,154 2,061 1,237 2 ,620 353 1,894 Ovnor assets '6l ,568 4 ,1,i2 12, 7 8 » 60 k ,403 5,675 4,302 3,754 9,161 3,335 • 1,540 ?,ioi 2 ,g4o 6,235 TOZiiL ASSETS 42,¿445,809 2429,609 11,405,143 2582,133 3567,6U9 ¿423,128 2240,194 6924,783 1692,755 942,200 1755,090 1402,5.-31 5062,609 l/. After deducting $70,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis